1. organized into or controlled by a cartel; characterized by collusive agreements among competing companies to control prices or market share
Usage: economics; business

Examples

• The oil industry became heavily cartelized in the early 20th century.
• Cartelized markets often result in higher prices for consumers.
• The government investigated the cartelized steel production sector.
• Competition decreased as the industry became increasingly cartelized.
• Antitrust laws aim to prevent markets from becoming cartelized.
• The cartelized telecommunications industry faced regulatory scrutiny.